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News 2005

Christopher James Gold Corp. ("CJGC ") is pleased to announce that it has concluded a Letter of Understanding ( "LoU ") with Better Resources Ltd. whereby it has acquired the option to earn an undivided 50% proportionate interest in the Betty Claims.

The 5 Betty Claims, consisting ,in total, of 16 units, are contiguous to the Craigmont claims, mineral leases and fee simple surface rights. By a Mineral Property Option Agreement dated March 26, 2004, CJGC acquired an option to earn an 100% interest in the base and precious metals resources upon the property which previously hosted the Craigmont Mine. CJGC, which has completed some preliminary exploration work on the Craigmont property, considers the Betty claims important in that they may host an extension of the ore zone previously identified upon the Craigmont property as the "Embayment Area".

The terms of the LoU , which will soon be documented in a formal Mineral Property Option Agreement, require CJGC to allot and issue 100,000 shares to Better Resources in two tranches ; 50,000 upon execution of the formal MPOA and 50,000 by September 30, 2005. CJGC is ,also, required to perform $200,000 in exploration and development work upon the Betty claims;- $80,000 within the first 6 months of the Option term and $120,000 within the following 12 months. Upon CJGC fulfilling these requirements and earning a 50% undivided interest in the Betty claims, a Joint Venture Agreement will be concluded between CJGC and Better Resources Ltd. to further the exploration and development of the Betty Claims. CJGC is entitled to be the Operator under the Joint Venture Agreement

On Behalf of the Board:
Bud Smith, QC, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.